# **U.S. STANDARD GENERAL LEDGER (USSGL)**

**VOTING BALLOT #23-02**

The USSGL staff presented the Draft Voting Ballot #23-02 at the April 20, 2023 USSGL IRC meeting.  

Please indicate the agency’s vote by marking “Yes” or “No” on the voting ballot for each proposal to add, revise, or delete the USSGL account. (Please provide a detailed justification for all “No” votes.)

USSGL Board Members will vote using Survey Monkey, or e-mail their scanned ballot to **USSGLTeam@fiscal.treasury.gov**. The Survey Monkey link will be provided to the voting USSGL IRC board members.  

Fiscal Service must receive the agency’s votes by **EST. 12:00 PM May 9, 2023.**

**FISCAL YEAR 2023**

**ADD:					    	  CHANGE:**

						111000     Yes ___ No ___ 

**DELETE:**

**FISCAL YEAR 2024**

**ADD:	                                                              CHANGE:**

439403     Yes ___ No ___

490110     Yes ___ No ___

593900     Yes ___ No ___                    	259000     Yes ___ No ___

****

**DELETE:**

Name: ______________________________________________

Agency: _____________________________________________

Date: _____________________________

**PROPOSED NEW USSGL ACCOUNTS FOR FISCAL 2023**

**PROPOSED CHANGES TO USSGL ACCOUNTS FOR FISCAL 2023**

**Account Title:**Undeposited Collections 

**Account Number:**111000****

**Normal Balance:**Debit 

**Definition:**This account is used to record the amount of collections ~~on hand, not yet deposited within the same accounting period~~ deposited but not confirmed, and deposits confirmed but not yet recorded in a Treasury Account Symbol in CARS.  This account does not close at year-end.

**Justification:**Align the USSGL definition with OMB Circular No. A-136, Section II.3.2.3 – Assets.

**PROPOSED DELETIONS TO USSGL ACCOUNTS FOR FISCAL 2023**

**PROPOSED NEW USSGL ACCOUNTS FOR FISCAL 2024**

**Account Title**: Anticipated Receipts Unavailable for Obligation Upon Collection

**Account Number**: 439403

**Normal Balance:**	Credit

**Definition:**This account is used to record the anticipated receipts that, immediately upon collection, are not available for obligation but for investment.

**Justification:**This account is needed to anticipate receipts that are not immediately available for obligation upon collection but are available for investment.

**Account Title**: Reinstated Delivered Orders - Obligations, Unpaid

**Account Number**: 490110

**Normal Balance**: Credit

**Definition**: This account is used to reinstate the amount accrued or due for: (1) services performed by employees, contractors, vendors, carriers, grantees, lessors, and other government funds; (2) goods and tangible property received; and (3) programs for which no current service performance is required such as annuities, insurance claims, benefit payments, loans, etc.  

**Justification:** For situations where there is a downward adjustment of a prior year unpaid obligation and an outstanding valid obligation, USSGL account 490110 reestablishes the delivered order, unpaid obligation.

**Account Title:**Contra Revenue for Lessor Lease Revenue

**Account Number:**593900 

**Normal Balance:**Debit****

**Definition:**This account is used to record the amount reflecting a reduction in revenue received when realization is not expected. Amounts recorded are based on adjustments, allowances, and refunds in which revenue is earned. Provisions for credit losses on lease revenue estimated in USSGL 193900 “Allowance for Loss on Lease Receivable” also are recorded in this account.

**Justification:**Provide contra-revenue account for Lessor Revenue, which will include the Allowance for Loss on Lease Receivable and other revenue adjustments.

**PROPOSED CHANGES TO USSGL ACCOUNTS FOR FISCAL 2024**

**Account Title:**Other Debt****

**Account Number:**259000 

**Normal Balance:**Credit****

**Definition:**This account is used to record all other forms of U.S. Federal Government obligations, secured and unsecured, not otherwise classified in another USSGL account. This account excludes appropriated debt and repayable advances, but includes the liability for contracts that transfer ownership of an underlying asset and are treated as a financed asset purchase per SFFAS 54, Par. 25. This account does not close at year-end.

**Justification:**Provide guidance for the recognition of the liability incurred for a financed asset purchase transaction, from lease contracts that transfer ownership of the underlying asset per SFFAS 54, Par. 25.

**PROPOSED DELETIONS TO USSGL ACCOUNTS FOR FISCAL 2024**

1Voting Ballot		April 20, 2023

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Voting Ballot                                                     Page 2 of 2                                   	                     April 20, 2023